Conditional trading of global depositary receipts (GDR) of Air Astana JSC began today on the Astana International Exchange (AIX) and the London Stock Exchange (LSE). Conditional trading of ordinary shares has also begun on the AIX.

The opening ceremony of trading in securities of Air Astana JSC was held at the LSE. The President Peter Foster and by video link – the Chairman of the Management Board of Samruk-Kazyna JSC Nurlan Zhakupov, participated in this event.

The price per GDR (4 shares) was $9.5, per share – KZT1,073.83.  

After the placement, the Fund will own 41.0% of the total number of outstanding shares of the Company, and BAE Systems PLC — 15.3% (subject to full exercise of the option for additional placement).

Please find additional information at the link